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Monday, June 17, 2024

SSI reports hefty profit in Q3

The Saigon Times

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HCMC – SSI Securities Corporation, whose stock SSI is listed on the Hochiminh Stock Exchange, recorded pre-tax profit of VND880 billion in the third quarter of this year, skyrocketing by 112% year-on-year.

The company’s revenue between June and September reached VND1,972 billion, a surge of 44% over the same period last year, according to its consolidated financial report.

In the first nine months of the year, SSI generated VND5.1 trillion in revenue and VND2.2 trillion in pre-tax profit, increasing 21% year-on-year and representing 87% of the annual plan.

Regarding the stock market, the benchmark VN-Index of the Hochiminh Stock Exchange continued falling for the fourth consecutive day, hitting its lowest level since early June 2023. Within only four days, the VN-Index lost up to 66.8 points.

Closing the trading session today, the VN-Index shed 15.55 points, or 1.41%, day-on-day, at 1,087.85 points, with 141 gainers and 364 losers.

More than 649.2 million shares worth over VND13.7 trillion were traded on the southern bourse, down 37% in volume and value against yesterday’s session. Block deals contributed more than VND1.01 trillion to the overall value, with 33.4 million shares transacted.

SSI took the lead by liquidity in the market with more than 28.8 million units changing hands, but it plunged by 4.6% over yesterday’s session to VND30,100 per share.

Lender VPB fell by 4.67% to VND21,450 per share, with 11.4 million shares transacted.

With 65 advancers and 114 decliners, the HNX-Index of the Hanoi Stock Exchange lost 3.67 points, or 1.62%, to 223.45 points. The trade volume totaled 6.8 million shares worth more than VND106.8 billion.

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